The tariff removal will lower prices of Harley's large-displacement imported motorcycles, which retail between 14.5 lakh and 45.8 lakh but after the duty cut volumes are expected to remain modest.
The turning point came with the appointment of Sergio Gor as the US ambassador to India.
"India was charging us tremendous tariffs, about the highest in the world," Trump said adding that the US was therefore not doing much business with India.
"I understood tariffs better than any human being in the world. And now with my tariffs, they were all dropping them. India was the most highly tariffed nation... And you know what, they've offered me no tariffs in India anymore. No tariffs," Trump said.
An hour before his bilateral meeting with Prime Minister Narendra Modi, Trump again commented on India's tariff structure, saying 'they have the highest tariffs' and 'it is a hard place to do business'.
Posing a series of questions to the prime minister, Congress general secretary in-charge communications Jairam Ramesh also asked if Modi would convey to the US president that India would send its own aircraft -- like Venezuela and Colombia did -- to bring back Indian deportees in the future.
Trump described Modi as "the nicest human being", saying the Indian leader is "a friend of mine".
SG Corporate Mobility - the parent company of the Indian two-wheeler brand LML - has taken auto major Bajaj Auto to high court, claiming that it was illegally using its 'Freedom' trademark in newly-launched Bajaj Freedom CNG motorbikes, the company said in a statement on Thursday. SG Corporate Mobility claims that the term 'Freedom' has a deep-rooted association dating back to 2002 when the company had introduced its 'LML Freedom' motorcycle. The trademark 'Freedom,' along with the 'LML' brand, was officially assigned to SG Corporate Mobility in 2021 after being transferred by LML.
The Budget has given signals that India is sensitive to the US needs and willing to walk the extra mile, but if need be, we should respond in equal measure as a sovereign nation, notes Ajay Srivastava.
The impact of Trump's announcement of increasing import tariffs will have negligible benefit for India not because of companies trying to shift from China to other countries or their supply chains being affected due to their Chinese operations but because of our faulty policies, explains Mudit Jain.
During his first term as the US president, Trump described India as a "tariff king" and in May 2019, terminated India's preferential market access.
Trump was referring to import tariff on Harley Davidson motorcycles, an issue that has been close to his heart and wants India to reduce it to zero.
High on features, high on price and performance, these eight superbikes scorched the Indian roads this year!
Indians have got a reason to rejoice as these cruisers will be the cheapest Harley Davidson bikes since they began selling their bikes in India.
Harley-Davidson takes the tempo a notch up in India.
The 12 models from the five family of Harley-Davidson can now be booked online or through the five appointed dealers of the company in Delhi, Mumbai, Chandigarh, Hyderabad and Bangalore.
Iconic US motorcycle maker Harley-Davidson on Tuesday said it will bring 12 motorcycles in the Indian market priced between Rs 6.95 lakh and Rs 34.95 lakh (ex-showroom New Delhi). Bookings for Harley-Davidson motorcycles will open from April 2010 at dealerships to be announced in New Delhi, Mumbai, Bangalore, Hyderabad and Chandigarh. The delivery of motorcycles will start from June 2010.
Trump said the relationship with both India as well as the country's Prime Minister Modi "is great".
'New Delhi and Washington are now on the same page, on dealing with growing Chinese assertiveness, across the entire Indo-Pacific region,' notes Ambassador G Parthasarathy, Chancellor, Central University of Jammu.
The country's largest two wheeler maker Hero MotoCorp and Harley-Davidson on Tuesday announced a wide ranging partnership for the Indian market, days after the US cult bike manufacturer announced its exit from the country. As part of the deal, Hero MotoCorp will develop and sell a range of premium motorcycles under the Harley-Davidson brand name in the country. Besides, it will take care of service and parts requirements for the Harley bikes.
Leading two-wheeler maker Hero MotoCorp is going full throttle to launch a Harley-Davidson model with retro styling as it looks to enter a very profitable segment in the premium motorcycle space, according to a senior company official. The alliance between Hero and Harley-Davidson fructified last year after the iconic US two-wheeler maker announced discontinuation of sales and manufacturing operations in India, a decade after it started selling its premium bikes in the country. "There are two legs to the Harley tie up strategy. One of course is that we are the sales distributors for Harley bikes in India.
ICT products make up a minuscule $ 407 million, out of the $ 35.54 billion of total inbound shipments from the US, as of now.
Besides job loss, the exit of the American cult bike maker would also lead to a loss of up to Rs 130 crore for the brand's dealer partners in the country.
The Trump administration wants Prime Minister Modi to lower the trade barriers and embrace "fair and reciprocal" trade.
India has raised tariffs on 28 items, including almond, pulses and walnut, exported from the US in retaliation to America's withdrawal of preferential access for Indian products.
The high point of the trip will be Goyal's meeting with US Trade Representative Robert Lighthizer on November 13, which is expected to see the USTR push India towards lower import duties in a broad range of areas.
Making a debut in India with an SUV, Citroen's products in the next couple of years will clearly chart and define its destiny in what has become both a vibrant but also a daunting market for foreign entrants, says Pavan Lall.
From being exorbitantly priced to facing stiff competition, Harley was always going to find it tough to crack a market like India, says Dhruv Munjal.
Panagariya urged the government to undertake labour law reforms and make land acquisition more flexible to attract the multinationals.
While the Trump administration wants India to lower the trade barriers and embrace "fair and reciprocal" trade, India has raised tariffs on 28 items exported from the US in retaliation to America's withdrawal of preferential access for Indian products.
For Hero MotoCorp, India's largest two-wheeler company, it's a calculated gambit to revive Harley-Davidson whose ride in India has been anything but easy since it got here.When automotive firms embark on alliances, it's a roll of the dice on how such marriages will play out.
"As Prime Minister (Narendra) Modi said in his latest campaign, 'Modi hai to mumkin hai,' or 'Modi makes it possible', I'm looking forward to exploring what's possible between our people," Pompeo said in his major India policy speech at the India Ideas Summit of US-India Business Council on Wednesday.
Trump congratulated Modi on his election victory and said that the two countries would work together in many areas including military.
Pompeo will travel to India, Sri Lanka, Japan and South Korea from June 24 to 30. His four-nation is aimed at deepening US partnerships in the strategic Indo-Pacific region.
Photographs from moments that shaped the world last week.
The least expensive among these starts at Rs 22,60,560, according to a list compiled by MotorBeam.com
With a decelerating economy that weakens India's hands on geopolitical issues, it will be interesting to know which way this trip will go.
Gandhi attacked the government over its 'maximum governance' slogan, saying this also meant expanding the base of disagreement without inviting retribution, a reference to its crackdown on several non-governmental organisations.
'It's the first-ever US presidential visit which is specially planned for India.' 'The standalone visit itself has achieved something already. Don't underestimate it.' Sheela Bhatt gives us an exclusive glimpse of what the Modi government hopes to achieve from Trump's visit.
The Harley-Davidson Road Glide Special gives the word humongous a whole new meaning, says Kshitij Sharma, who took it for a ride through the scenic Aravalis in Rajasthan
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